Press release
Dietary Supplements Market Growth and Trends
By 2029, the Dietary Supplements Market is expected to reach the US $ 246.72 billion, The report analyses Dietary Supplements Market dynamics by region and Application industries.Dietary Supplements Market Overview:
Supplements for diet are chemicals that people may take to improve their diet or lower their chance of acquiring certain health issues, such as arthritis or osteoporosis. Dietary supplements can come in the form of pills, capsules, powders, gel capsules and tablets, extracts, and liquids. Product labels that are intended for use as dietary supplements include information on additional ingredients, binders, fillers, and flavorings, as well as the active ingredients and the amount per serving (dose). The manufacturer recommends a certain serving size, but a medical practitioner may think you should have a different quantity.
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What are Dietary Supplements Market Dynamics ?
Research and development play a major role in the production of dietary supplements, which are expensive. Strict regulations controlling health benefit claims and product labeling are another reason why the industry is probably going to encounter difficulties during the course of the projection period.
The majority of the nations affected by the extraordinary coronavirus (COVID-19) epidemic are in North America and Europe, including the US, Italy, Spain, the UK, France, and Germany. These regions are the main focus of the nutritional supplement industry, which profited from the situation as the demand for products that increase immunity surged.
Dietary Supplements Market Regional Insights:
As a result of the evident rise in the consumption of low-calorie and high-nutritional products, North America became the largest regional market in 2022, accounting for 35.7% of total revenue. Moreover, during the course of the projected year, the introduction of new products is probably going to enhance demand for dietary supplements in Mexico and raise awareness of supplement consumption. As a result of the evident rise in the consumption of low-calorie and high-nutritional products, North America became the largest regional market in 2022, accounting for 35.7% of total revenue. Moreover, during the course of the projected year, the introduction of new products is probably going to enhance demand for dietary supplements in Mexico and raise awareness of supplement consumption. The graph below illustrates how vitamin sales increased during COVID-19.
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What is Dietary Supplements Market Segmentation ?
Adults accounted for 47.2% of all sales in 2022, dominating the market. Because of their demanding work schedules and changing lifestyles, working adults are experiencing nutritional deficiencies, which is expected to increase the number of people utilizing dietary supplements. The global incidence of obesity, diabetes, cardiovascular disease, and other associated ailments is expected to increase, driving the market. Protein, vitamin, and amino acid supplements are expected to become more popular throughout the projection period as sports become more recognized as professional endeavors.
by Ingredient
Botanicals
Vitamins
Minerals
Amino Acids
Enzymes
Others
by Product
Tablets
Capsules
Powder
Liquids
Soft Gels
Gel Caps
by Application
Additional Dietary Supplements
Medicinal Dietary Supplements
Sports Nutrition
by End Use
Infants
Children
Adults
Pregnant Women
Old-Aged
Who are Dietary Supplements Market Key Players ?
1. Amway Corp. 2. Glanbia PLC 3. Abbott 4. Bayer AG 5. Pfizer Inc. 6. ADM 7. Nu Skin Enterprises, Inc. 8. GlaxoSmithKline plc 9. Bionova 10. Ayanda 11. Arkopharma 12. Herbalife International of America, Inc. 13. Nature's Sunshine Products, Inc. 14. American Health (US) 15. Pure Encapsulations (US) 16. UST Manufacturing (US) 17. Capstone Nutrition
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Table of Content: Dietary Supplements Market Market
Part 01: Executive Summary
Part 02: Scope of the Dietary Supplements Market Market Report
Part 03: Global Dietary Supplements Market Market Landscape
Part 04: Global Dietary Supplements Market Market Sizing
Part 05: Global Dietary Supplements Market Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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